Johnson Center names Hoosier companies to Growth 100 honor roll

The Johnson Center for Entrepreneurship and Innovation, a center within IU’s Kelley School of Business, recognized Indiana’s leading high-potential, high-growth companies with Growth 100 Awards Oct. 24. The awards honor entrepreneurial companies with annual sales of at least $1 million.

This year, 77 highly qualified privately owned companies were selected from across the state. Growth 100 companies are identified through an analytical process conducted by the Johnson Center. The screening process may include interviews with a company’s CEO and key management team members and often a site visit. “Although the economy across the state and nation has not been strong, this year’s 2002 Growth 100 awardees have an average annual sales of $16 million, with a growth rate averaging 45 percent,” said Elizabeth Gatewood, director of the Johnson Center and the Jack M. Gill chair of entrepreneurship.” These entrepreneurial companies have a strong impact on the state, not only economically, but also through employment and community development. Indiana continues to be a major player in the manufacturing and service areas. However, this year the growth rate in the technology field is up slightly as the state actively works to establish itself as a technology leader.”

The Growth 100 Awards program is sponsored in part by corporate partners who offer their expertise on entrepreneurial issues and grant additional free or discounted services to Growth 100 awardees. This year, the corporate partners are Ernst & Young, KeyBank, McDonald Investments Inc., National City Bank, and Richey, Mills & Associates.

For a complete list of Growth 100 recipients:

http://newsinfo.iu.edu/attachments/2002growth100.htm

http://www.kelley.indiana.edu/jcei